Curated and linked market/company news with enrichment tags.
Newest first. Open any item to read the original source.
Groot Hospitality Founder David Grutman discusses consumer spending trends, working with Bad Bunny, and his new book, ‘Take it Personal.’ He talks with Katie Greifeld and Isabelle Lee on “The Close.” (Source: Bloomberg)
The remarks show how a technology welcomed by corporations as a productivity boon can also pose serious threats, like uncovering new ways to hack into systems.
Bitcoin on Tuesday tested a key level that has blocked gains for months, as technical analysts watched for signs that the cryptocurrency may finally be ready to break out.
Amazon.com’s latest acquisition of a satellite operator has helped power a winning streak for the tech giant, as shares of the company rallied for the seventh consecutive day on Tuesday.
Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive.
United Airlines CEO Scott Kirby reportedly floated a potential merger with Trump administration officials earlier this year.
Since the start of the Iran conflict, investors around the world have been worried that tight global oil supplies and high prices could eventually lead to a drop in demand. According to the International Energy Agency, these risks are finally starting to materialize.
Optimism about a possible peace deal in the Middle East and lower oil prices has bond traders positioning for gains in Treasuries that could send 10-year yields sliding toward 4%.
It’s been two months since the war in Iran began, with no clear end in sight. But after some initial turbulence, Wall Street seems to be blocking out the noise.
It’s been two months since the war in Iran began, with no clear end in sight. But after some initial turbulence, Wall Street seems to be blocking out the noise.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Isabelle Lee, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Phillips 66 Chairman & CEO Mark Lashier discusses the global energy outlook, clean energy, and running assets at '99% capacity utilization.' He talks with Katie Greifeld and Isabelle Lee on "The Close." (Source: Bloomberg)
Nvidia denied rumors that it's in talks to buy a large PC company, telling CNBC in a statement that it's "not engaged in discussions."
Oracle stocks bounced as software shares continued to recover and the company expanded a capacity deal with Bloom Energy.
Novo Nordisk is working with OpenAI on a broad deal that will use artificial intelligence to more quickly develop new medications as well as help train its workforce.
Kraken co-CEO Arjun Sethi said the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC's previous reporting.
The S&P 500 was back near its all-time high on Tuesday as investors in U.S. stocks appeared content to look past the fact that the Strait of Hormuz was still mostly closed.
The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged. European Commissioner for Economy and Productivity Valdis Dombrovskis joins "Balance of Power" to discuss the IMF news as well the Ukraine war impact on the EU economy. (Source: Bloomberg)
A US-sanctioned tanker linked to China sailed out of the Strait of Hormuz and into the Gulf of Oman, testing President Donald Trump’s naval blockade. Rich Starry, a medium-range tanker earlier known as Full Star, was blacklisted by Washington in 2023 for helping Tehran evade energy sanctions. It is not clear on this occasion whether it visited Iranian ports before its transit, or is carrying cargo. Bloomberg's Adam Farrar joins to discuss. (Source: Bloomberg)
Albertsons’s stock was falling Tuesday after a sales miss and an announcement that the grocery-store chain has reached a $774 million settlement to resolve opioid-related claims.
Wells Fargo CFO Mike Santomassimo breaks down the bank's first-quarter earnings and discusses growth prospects and the private credit market on "Bloomberg The Close." (Source: Bloomberg)
Eric Swalwell already faced a pending criminal investigation by the Manhattan DA's office over an allegation of sexual assault by another woman.
Nvidia denied rumors that it's in talks to buy a large PC company, telling CNBC in a statement that it's "not engaged in discussions."
Oracle stocks bounced as software shares continued to recover and the company expanded a capacity deal with Bloom Energy.
